ELVERUM TURBUSS AS

2407 ELVERUM

Finances

Share Ownership

Return on Equity

82,78 %

Current Ratio

1,81

Debt-to-Equity Ratio

1,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 565 000	5 680 000	3 485 000	4 124 000
Net Income	1 106 000	267 000	−172 000	−1 000
Total Assets	5 054 000	2 992 000	2 149 000	2 446 000
Total Equity	1 336 000	230 000	−37 000	135 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 565 000	5 680 000	3 485 000	4 124 000
Expenditure	12 049 000	5 244 000	3 617 000	4 107 000
Operating Profit	1 517 000	436 000	−131 000	17 000
Financial Income	9 000	1 000	1 000	1 000
Financial Costs	108 000	95 000	90 000	20 000
Financial Balance	−99 000	−94 000	−89 000	−19 000
Earnings Before Tax	1 418 000	342 000	−221 000	−2 000
Tax	312 000	75 000	−49 000	0
Net Income	1 106 000	267 000	−172 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 165 000	1 551 000	1 657 000	1 743 000
Total Current Assets	2 889 000	1 440 000	492 000	702 000
Total Assets	5 054 000	2 992 000	2 149 000	2 446 000
Total Retained Equity	1 306 000	200 000	−67 000	105 000
Total Equity	1 336 000	230 000	−37 000	135 000
Total Long-Term Debt	2 118 000	1 756 000	1 545 000	1 617 000
Total Current Debt	1 600 000	1 006 000	641 000	693 000
Total Equity and Debt	5 054 000	2 992 000	2 149 000	2 446 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 480 000	5 478 000	3 376 000	4 124 000
Other Income	85 000	203 000	109 000	0
Revenue	13 565 000	5 680 000	3 485 000	4 124 000
Cost of Goods Sold	1 050 000	370 000	17 000	433 000
Salary Costs	4 136 000	1 614 000	1 333 000	1 188 000
Depreciation	236 000	203 000	105 000	116 000
Impairment	0	0	0	0
Expenditure	12 049 000	5 244 000	3 617 000	4 107 000
Operating Profit	1 517 000	436 000	−131 000	17 000
Financial Income	9 000	1 000	1 000	1 000
Financial Costs	108 000	95 000	90 000	20 000
Financial Balance	−99 000	−94 000	−89 000	−19 000
Dividends	0	0	0	0
Net Income	1 106 000	267 000	−172 000	−1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	19 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 774 000	1 480 000	1 638 000	1 743 000
Total Tangible Assets	1 774 000	1 480 000	1 638 000	1 743 000
Total Fiancial Fixed Assets	391 000	71 000	0	0
Total Fixed Assets	2 165 000	1 551 000	1 657 000	1 743 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 702 000	867 000	161 000	349 000
Total Current Assets	2 889 000	1 440 000	492 000	702 000
Total Assets	5 054 000	2 992 000	2 149 000	2 446 000
Total Equity	1 336 000	230 000	−37 000	135 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 118 000	1 756 000	1 545 000	1 617 000
Creditors	442 000	299 000	42 000	85 000
Unpaid Taxes	183 000	128 000	42 000	74 000
Dividends	0	0	0	0
Other Current Debt	732 000	580 000	557 000	534 000
Total Current Debt	1 600 000	1 006 000	641 000	693 000
Total Equity and Debt	5 054 000	2 992 000	2 149 000	2 446 000

Financial indicators	2022	2021	2020	2019
Return on Equity	82,78 %	116,09 %	464,86 %	−0,74 %
Debt-to-Equity Ratio	1,59	7,63	−41,76	11,98
Operating Profit Margin	11,18 %	7,68 %	−3,76 %	0,41 %
Current Ratio	1,81	1,43	0,77	1,01
Quick Ratio	1,81	1,43	0,77	1,01
Equity Ratio	0,26	0,08	−0,02	0,06
Gross Profit Margin	92,26 %	93,49 %	99,51 %	89,5 %